18 December 2025 | 12:31AM HKT Equity Research Rianlon (300596.SZ) Assessing the potential implications of the two price hikes recently announced; reiterate Buy 300596.SZ 12m Price Target: Rmb48.00 Price: Rmb43.98 Upside: 9.1% What's happened? Since December, Rianlon has announced two rounds of price hikes (10%) for two of the company's key product categories for polymer stabilizers, including HALS in early-Dec and general antioxidants (GAO) on Dec 16th (the two products combined account for c.25% of Rianlo ...